Sonde Resources Balance Sheet - Annual (OTCMKTS:SOQDQ)

The financial analysis of a company like Sonde Resources involves checking the three financial statements of the company in detail, of which the balance sheet is one. As in our Sonde Resources stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $11.45M and shareholders equity of $80.32M. Sonde Resources revenue and Sonde Resources operating cash flow are important in understanding the financial capacity of the company.

Assets: An asset is a resource that a corporation like Sonde Resources owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for SOQDQ stock as of 2013 is $91.78M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.

Liabilities include short term loans and long term loans availed by the company to fund its business operations. SOQDQ stock had total liabilities of $11.45M for the year 2013.

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